Support The Moscow Times!

U.S. to Outline New Sanctions Against Russia on Friday

U.S. President Barack Obama has threatened further economic costs against Russia.

WASHINGTON — U.S. President Barack Obama said on Thursday the U.S. will join the European Union in imposing tougher sanctions on Russia's financial, energy and defense sectors after Moscow sent troops into eastern Ukraine last month, and will provide details on the new steps on Friday.

"These measures will increase Russia's political isolation as well as the economic costs to Russia, especially in areas of importance to President [Vladimir] Putin and those close to him," Obama said in a statement.

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.